For this reason Enoc went to Kiva partner Ceprodel to ask for a loan so that he could buy bricks and carry out the work. Then he will be able to get water without difficulty and thus improve the lives of his children.
Por estos motivos es que el señor Enoc ha acudido a Ceprodel con el deseo de recibir un crédito para invertirlo en la compra de los ladrillos para llevar a cabo este trabajo y así finalizar el mejoramiento del pozo para continuar extrayendo agua sin ningún problema y de esta manera mejorar el nivel de vida de sus hijos.
About CEPRODELThis loan is administered by Centro de Promocion del Desarrollo Local (CEPRODEL), one of Kiva’s larger partners in Central America. Founded in 1991 and based in Managua, Nicaragua, CEPRODEL specializes in the development and funding of housing cooperatives for traditionally marginalized communities, the provision of microfinance services to small businesses, and the promotion of innovative renewable energy projects. In addition, unlike many microfinance institutions in the area that have chosen to avoid the rural areas of the country due to the increased financial risk, CEPRODEL provides financial services to numerous clients in the agriculture and livestock industry. Supporting a borrower through CEPRODEL means contributing to the promotion and sustainability of this important work in Nicaragua.
About Housing Loans
Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.
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